Announcing JAX and the CryptoJazz Festival
Producing Live Music Performance NFTs as The Metaverse and IRL Collide
Since the launch of our NFT Broadcast Network on April 11, 2021, MetaJAX, have been broadcasting into The Metaverse exceptional jazz musicians as they perform live in front of live audiences at our club, Campus JAX in Newport Beach, CA. We call these shows JAXblast events. These events are being produced into a portfolio of Non-Fungible Tokens (NFTs) and promise to create an ecosystem of sustainable value and support for participating musicians, performers, and visual artists along with the audiences and fans who love them. On July 9-11, 2021, MetaJAX hosted an in-person CryptoJazz Festival that was simulcast all weekend featuring music performances and visual art collaborations into The Metaverse. This groundbreaking local-global cultural event produced entire portfolios of rare and exceptional material to be produced as NFTs featuring some of the world's top jazz musicians paired with great visual artists. At the event, discussions and opportunities for collaboration between musicians and visual artists occurred both formally and informally.
This was the first CryptoJazz Festival ever and includes an amazing added feature:
The incredible team at WhaleStreet, led by NFT DeFi dev pioneer Vii Sundaram, introduced the upcoming JAX rewards token which can be earned by staking MetaJAX NFTs on the WhaleStreet.xyz platform. Not only will those who stake their NFT's be rewarded, but the artists featured in the NFT will be rewarded also!
Great Music Comes Easy For Us
We at MetaJAX have been broadcasting exceptional jazz musicians performing in front of live audiences at our venue since 2017, coincidentally, the same time that blockchain technology captured our attention. Ever since, it has been our mission to protect and promote exceptional performers, songwriters, composers, and instrumentalists around the globe by producing and broadcasting their high value music and content to the world with empowering technology. We always imagined that blockchain technology would be part of realizing this vision in association with a Jazz and Roots Music slate of television style broadcasts.
The NFT Journey Begins
The global pandemic accelerated the broadcast plan and fueled by the transformational advancements in decentralized finance (DeFi) the MetaJAX NFT Broadcast Network was conceived in May 2019 inspired by a revelational Zima Red podcast by Andrew Steinwold featuring NFT OG Trislit. The link was casually passed to us by our essential NFT advisor from the beginning John Fields the fearless leader of NFT curation club GrowYourBase. The "music" that began that day was quickly amplified by the growing circle and expertise of The Metaverse including the TokenSmart community with their trailblazing sherpa guides Sandy Meows and DragoNate along with the take-no-prisoners, marvelously rogue advocate for authenticity in art, Rizzle. The TokenSmart Team and Rizzle along with NFT OG EZinCrypto hosted the event in the Metaverse through the TokenSmart Discord server and in the TokenSmart Lounge in CryptoVoxels.
The King Inspires A Festival
If the CryptoJazz Festival reminds you of the Metapurse B20 Metapalooza, you are absolutely correct. We were there and it was awe inspiring. We have produced live events from clubs to Vegas conventions to stadiums for a long time. Metapalooza revealed just how thin the barrier had become to cross from IRL (In Real Life) to The Metaverse. And the Metapurse Team did it right and with conviction. Metakovan, the King of The Metaverse and his ever present Twobadour, the Voice of the Metaverse sounded the virtual trumpet heard round the world and it blew our mind. We knew the time for amazing Metaverse events was upon us and the moment for CryptoJazz and MetaJAX was now. We are deeply grateful for all that Metakovan, Twobadour, and their team have done. They continue to lead by example and support all creatives with authority and humility. We considered our CryptoJazz event to be an "unofficial" Metapalooza sequel, and honored to fashion our efforts after the King and his Voice.
JAX: Owning Exceptional Music in the Metaverse
Like our Metapurse heroes, we seek to democratize access and ownership to highly sought-after artwork and music to accelerate the cultural Renaissance that is happening within The Metaverse. To accomplish this we will have a portfolio of NFTs captured and created live with a wide range of values and randomized scarcities accessible to all. Additionally we are introducing Progressive NFTs that offer a new way to collect, stake, and grow your own portfolio of music performed by exceptional musicians. All this while earning JAX rewards tokens. These Progressive NFTs and the tokenomics of the JAX token are further explained by tokenomic architect and developer Vii Sundaram in this subsequent blog. You can also keep up to date on upcoming events and all of our NFT efforts at JAXblast.com.
This Is Only The Beginning
MetaJAX is committed to exceptional artists for the long term. Music 1.0 existed for the benefit of the record business, labels and distributors, with only a few of the very popular acts capable of economic survival. Music 2.0 has made it even worse for artists as the big tech and streaming platforms have forced many musicians to leave their art behind as the business has become "influencer" driven. It's time for Music 3.0, decentralized, democratized, and directly connecting the artists to the audiences and fans who love them and will invest in them resulting in rewards for both. Like Metapurse, we want to decentralize and democratize art and music — so token holders everywhere can share in a valuable piece of history and, in the process, create wealth for the entire community.
We hope you join us for the MetaJAX journey. We also invite you to be with us IRL in Newport Beach, CA for the many incredible live jazz events hosted on our stage.
For more information, questions, or sharing ideas, feel free to email Tim@JAXhideaway.com